Donald Trump’s ‘Gold Card’ Visa: What It Means and Why Critics Are Concerned

U.S. President Donald Trump has unveiled a new visa program, the "Gold Card," aimed at attracting foreign investors by offering a direct pathway to permanent residency and eventual citizenship in exchange for a $5 million fee. This initiative is intended to replace the existing EB-5 immigrant investor visa program. The EB-5 program, established in 1990, currently requires foreign nationals to invest a minimum of $1.05 million (or $800,000 in targeted employment areas) in U.S. businesses, with the condition that the investment generates at least ten American jobs. The Gold Card, however,...